Gilat Awarded $20 Million Cellular Backhaul Managed Service Contract Renewal and Expansion from Tier-1 MNO in the United States

Gilat becomes the MNO’s sole vendor to provide end-to-end services for LTE backhauling and disaster-recovery while replacing existing satellite technologies

Petah Tikva, Israel, October 22, 2020 — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that it was awarded a $20 Million cellular backhaul managed service three-year contract renewal and expansion from a Tier-1 MNO in the United States. With this award, Gilat becomes the MNO’s sole vendor to provide the end-to-end services for LTE backhauling and disaster-recovery, while replacing existing satellite technologies.

Gilat to Report Third Quarter Results on November 10th

Petah Tikva, Israel, October 20, 2020 — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today announced that it will release its third quarter 2020 financial results on Tuesday, November 10, 2020.

Conference Call and Webcast

Following the release, Gilat’s management, will discuss its third quarter 2020 results and business achievements and participate in a question and answer session: 

Date:              Tuesday, November 10, 2020
Start:              09:30 AM EST / 16:30 IST
Dial-in:            US: 1-866-744-5399 
                       International: (972) 3-918-0609

A simultaneous Webcast of the conference call will be available on the Gilat website at www.gilat.com and through this link: www.veidan-stream.com/gilatq3-2020.html

Gilat Satellite Networks Chosen by Southern Linc for 4G Cellular Backhaul Services

Gilat to provide managed services for high-speed 4G (5G Ready) cellular backhaul over satellite for Southern Linc’s fixed and mobile network assets

Petah Tikva, Israel, October 19, 2020 — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, has been awarded by three-year managed service contract for cellular backhaul by Southern Linc, a fully owned subsidiary of Southern Company. Gilat met Southern Linc’s requirements of enabling embedded accelerated MPLS traffic, coupled with cellular 4G with GTP acceleration, a major technological innovation in satellite transmission.

Comtech Telecommunications Corp. and Gilat Satellite Networks Ltd. Terminate Merger Agreement and Settle Litigation

MELVILLE, N.Y., and PETAH TIKVA, ISRAEL; OCTOBER 5, 2020 5:30AM EST —
Comtech Telecommunications Corp. (Nasdaq: CMTL) (“Comtech”) and Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT) (“Gilat”) announced today that the companies have agreed to terminate the merger agreement first announced on January 29, 2020 and have settled all pending litigation in the Delaware Court of Chancery. In connection with the termination and settlement agreement, Comtech has agreed to make a payment
of $70.0 million to Gilat.